For many years, people have exploited offshore tax havens as a strategy to avoid paying taxes on their income and assets. These havens are nations or territories with minimal or no regulation, low tax rates, and stringent banking secrecy rules. Although it is legal to use offshore tax havens, the practice has generated debate because many people question the morality […]

Oil markets attempt to recover after a massive two day sell-off. Re-emerging banking fears, higher US interest rates and a deteriorating global outlook weigh on oil Read More

Two weeks after Europol’s announcement of the arrest of five suspects for running a massive international scam network, Israel has completed the investigation in its territory and is awaiting an official request from Germany to extradite suspects. The network’s ‘headquarters’ was based in Israel and the ‘executive arm’ was based in Romania and Bulgaria. The scam so far cost at […]

USD/JPY plunges on Thursday, falling toward an important region of technical support. Meanwhile, AUD/USD charges higher and defies cluster resistance, but subdued market sentiment limits its advance. Read More

Apple’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the tech company rally after the earnings announcement. Read More

Gold prices aimed slightly higher on Thursday as Fed easing bets and regional bank woes continued to drive market sentiment. Bearish technical patterns are brewing for XAU/USD, however. Read More

The Japanese Yen sunk and then sailed north against the US Dollar this week as markets contemplate the Fed’s action against the Bank of Japan’s non-action. Is the trend intact for USD/JPY? Read More

Notesco UK Limited, which operates the brokerage brand IronFX in the United Kingdom, published its annual financials for 2023, showing a correction in the revenue at $643,795. The figure dropped by more than 25 percent from the previous year’s $863,071 when the firm doubled its revenue. Profit of IronFX UK Climbs The company ended the year with a pre-tax profit […]

GBP/USD extends its recent upside now hitting new 2023 highs but with NFP around the corner, will we see a continuation or pullback? Read More

If current market pricing is to be believed, US interest rates will be 175 basis points lower this time next year, and that will hit the dollar hard. Next up, US NFPs. Read More